Key takeaways for homebuyers include using a mortgage affordability calculator to determine a comfortable price range, understanding what is included in mortgage payments, and ensuring an accurate credit report. It's important to avoid making a small down payment, using all savings for the purchase, skipping home inspections, and underestimating homeownership costs. Additionally, shopping around for multiple mortgage quotes can lead to significant savings. Following these guidelines can help make the home buying process smoother and more manageable.
Continue to full article
